Cookson Peirce & Co. Inc. Acquires Shares of 50,000 Quantum-Si incorporated (NASDAQ:QSI)

Cookson Peirce & Co. Inc. acquired a new stake in Quantum-Si incorporated (NASDAQ:QSI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 50,000 shares of the company’s stock, valued at approximately $101,000.

Other institutional investors have also recently bought and sold shares of the company. ARK Investment Management LLC raised its stake in Quantum-Si by 7.4% in the 4th quarter. ARK Investment Management LLC now owns 15,519,322 shares of the company’s stock valued at $31,194,000 after acquiring an additional 1,071,105 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in Quantum-Si by 424.5% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 8,532,917 shares of the company’s stock valued at $14,165,000 after buying an additional 6,905,932 shares in the last quarter. BlackRock Inc. grew its holdings in Quantum-Si by 16.7% during the 2nd quarter. BlackRock Inc. now owns 7,101,978 shares of the company’s stock valued at $12,713,000 after buying an additional 1,018,153 shares in the last quarter. Vanguard Group Inc. grew its holdings in Quantum-Si by 6.7% during the 3rd quarter. Vanguard Group Inc. now owns 4,920,922 shares of the company’s stock valued at $13,533,000 after buying an additional 308,343 shares in the last quarter. Finally, State Street Corp grew its holdings in Quantum-Si by 25.4% during the 2nd quarter. State Street Corp now owns 2,083,293 shares of the company’s stock valued at $3,729,000 after buying an additional 422,554 shares in the last quarter. Institutional investors own 39.90% of the company’s stock.

Quantum-Si Trading Down 6.7 %

Shares of NASDAQ QSI opened at $1.53 on Thursday. Quantum-Si incorporated has a 12 month low of $1.12 and a 12 month high of $3.90. The firm has a market capitalization of $216.91 million, a price-to-earnings ratio of -2.25 and a beta of 3.04. The business has a 50-day moving average of $1.77 and a 200-day moving average of $1.65.

Quantum-Si (NASDAQ:QSI) last issued its quarterly earnings data on Thursday, February 29th. The company reported ($0.16) EPS for the quarter, hitting the consensus estimate of ($0.16). Quantum-Si had a negative return on equity of 30.65% and a negative net margin of 8,868.76%. The company had revenue of $0.40 million during the quarter, compared to analyst estimates of $0.30 million. On average, analysts predict that Quantum-Si incorporated will post -0.87 earnings per share for the current year.

Insider Transactions at Quantum-Si

In other Quantum-Si news, CEO Jeffrey Alan Hawkins acquired 25,000 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was bought at an average price of $1.76 per share, with a total value of $44,000.00. Following the completion of the acquisition, the chief executive officer now owns 25,000 shares of the company’s stock, valued at $44,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO Jeffry R. Keyes bought 50,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was acquired at an average price of $1.61 per share, with a total value of $80,500.00. Following the completion of the purchase, the chief financial officer now directly owns 50,000 shares in the company, valued at $80,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jeffrey Alan Hawkins bought 25,000 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was purchased at an average cost of $1.76 per share, with a total value of $44,000.00. Following the purchase, the chief executive officer now owns 25,000 shares of the company’s stock, valued at $44,000. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 85,000 shares of company stock valued at $141,900. 30.04% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, HC Wainwright lifted their target price on Quantum-Si from $3.00 to $4.00 and gave the company a “buy” rating in a report on Friday, March 1st.

Quantum-Si Company Profile

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.